Which statement best describes license changes that require a new license?

Which statement best describes license changes that require a new license?

• A. None of the above
• B. Change in ownership more than 50%
• C. Change in location
• D. Change in location or ownership more than 50%

Answer: (D)

Licenses are issued to a specific operator at a specific location and are not transferable. When either the business moves to a new place or control of the business changes by more than 50%, a new license is required because the license must reflect the new operator or the new location. That’s why describing license changes as requiring a new license if the location changes or if ownership changes by more than half is the best way to capture both trigger situations.

Licenses are issued to a specific operator at a specific location and are not transferable. When either the business moves to a new place or control of the business changes by more than 50%, a new license is required because the license must reflect the new operator or the new location. That’s why describing license changes as requiring a new license if the location changes or if ownership changes by more than half is the best way to capture both trigger situations.